Sears Informative - Insane APR!
LAFAYETTE, INDIANA -- I will shout it from every mountain top I can climb. Never will I shop at Sears again or use a Sears credit card. And neither should you!
I have been a card holder since 1984, in fact I used to be proud of the fact that my Sears card was the first credit card I was ever issued.
I changed over to their new MasterCard and all was well until I had ONE late payment, it was definitely my fault, we moved and the bill was forwarded late. I should have changed the address directly with them. But. .
Wow, was I shocked to find my APR went up to a RIDICULOUS 31.99%!!! That's insane!
I called customer service but they refuse to lower it. I called and wrote to them a number of times and still my APR is 32%.
This is blue collar robbery. I will advertise to everyone I know how bad this is and never ever shop in Sears again. Word of mouth advertising is very powerful. Big business seems to forget this when they get too big and start ripping off the little guy.